Bullish characteristics, hence Long is imminent, but when?
As per the usual daily trend over the past week (each day): (1) Rally, (2) Consolidation (3) Short, and then a Rally.
This week, we may see an immediate rally, as Friday shows bearish actions. But maybe it will bear before the bull.
This week, we may see an immediate rally, as Friday shows bearish actions. But maybe it will bear before the bull.
Note
EURUSD Broke through the 1.05255 Support 2 or 3 times, and then shot up, potentially reaching resistance level at 1.6068
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.